Fort Lauderdale

Hines Lands $220 Million Construction Loan For First Phase Of FAT Village In Fort Lauderdale

In a landmark development for Fort Lauderdale’s urban fabric, a groundbreaking mixed-use project in the downtown area has recently obtained a substantial $220 million construction loan. This crucial funding, provided by Little Rock, Arkansas-based Bank OZK on December 26, is set to support FAT Village Project LLC, a Houston-based real estate development company Hines subsidiary. This development marks a significant step forward for the project, reflecting the burgeoning vitality of Fort Lauderdale’s real estate sector.

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Newgard Development Group Acquires 1.08-Acre Development Site At 200 W. Broward Blvd. In Downtown Fort Lauderdale

Newgard Development Group recently acquired a 1.08-acre site at 200 West Broward Boulevard in downtown Fort Lauderdale from a joint venture between Aimco and Kushner Companies for $31.24 million. The site, zoned for substantial residential development, has received approvals for a 49-story building comprising 381 residential units, 8,256 square feet of commercial space, and 426 parking spaces. Updated details about future development plans are anticipated to be announced in the coming months.

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BAM Property Development Files Plans For 14-Story Mixed-Used Project At 650 N. Andrews Avenue In Fort Lauderdale

New York-based BAM Property Development has submitted plans to Fort Lauderdale’s Development Review Committee for a 14-story mixed-use building in the city’s Flagler Village neighborhood. Situated at 650 North Andrews Avenue and bordered by North Flagler Drive to the northwest, Northeast 7th Avenue to the north, and Northeast 1st Avenue to the east, the proposed 175-foot-tall structure is set to offer 469,680 gross square feet. This space allocation includes 215,350 square feet for residential purposes across 257 units, 74,585 square feet for amenities, tenant storage, common areas, and 11,400 square feet designated for retail use. The development also plans to feature an integrated parking garage with a capacity of 361 vehicles. The design team includes Idea Architects as the design architect, Architectural Alliance Landscape as the landscape architect, Flynn Engineering as the civil engineer, DC Engineers, Inc. as the traffic engineer, and Stephanie J. Toothaker, ESQ as the land use attorney. The project was set for review on November 28.

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Site Plan Level III Application Filed For 12-Story Mixed-Use Building At 730 NE 4th Avenue In Fort Lauderdale

A Site Plan Level III application for a 12-story mixed-use development at 730 Northeast 4th Avenue in downtown Fort Lauderdale was officially submitted for review on November 14. The 163-foot-tall structure would include 77 multifamily residential units and 1,682 square feet of commercial space. The developing entity is 730 NE 4th Avenue LLC – an affiliate of West Long Branch, NJ-based entities Albo Group, LLC, and TRL PROPERTY USA LLC, with MODE Architects as the architect. Flynn Engineering Services, P.A., serves as the civil engineer/land planner, EcoPlan as the landscape architect, and DC Engineers as the traffic consultant.

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Mattamy Homes Celebrates Grand Opening Of ‘Sienna’ Residential Community In Cooper City, Florida

Mattamy Homes, the largest privately owned homebuilder in North America, is celebrating the grand opening of Sienna, a new luxury community in Cooper City, FL. This residential community marks Mattamy’s first venture into the Fort Lauderdale market, following numerous successful projects in southeast Florida. Sienna is situated on the north side of Sheridan Street and just west of University Drive, nestled on a private cul-de-sac, offering unique floorplans starting from the $900,000s.

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